Enter the total monthly expenses ($) and the total monthly income ($) into the Expense to Income Ratio Calculator. The calculator will evaluate and display the Expense to Income Ratio.

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## Expense to Income Ratio Formula

The following formula is used to calculate the Expense to Income Ratio.

**EIR = E / I * 100**

- Where EIR is the Expense to Income Ratio (%)
- E is the total monthly expenses ($)
- I is the total monthly income ($)

## How to Calculate Expense to Income Ratio?

The following example problems outline how to calculate Expense to Income Ratio.

Example Problem #1:

- First, determine the total monthly expenses ($).
- The total monthly expenses ($) is given as: 3,000.

- Next, determine the total monthly income ($).
- The total monthly income ($) is provided as: 7,000.

- Finally, calculate the Expense to Income Ratio using the equation above:

EIR = E / I * 100

The values given above are inserted into the equation below and the solution is calculated:

EIR = 3,000 / 7,000 * 100 = .428 (%)

Example Problem #2:** **

For this problem, the variables required are provided below:

total monthly expenses ($) = 4,000

total monthly income ($) = 5,000

Test your knowledge using the equation and check your answer with the calculator above.

EIR = E / I * 100** = ?**